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☆ Australia plans to ban social media for under 16s — and experts have called it a ‘momentous step’
▼ + stars: | 2024-11-13 | by ( Sawdah Bhaimiya | ) www.cnbc.com time to read: +2 min

Australia's government has proposed a social media ban for children under the age of 16 which experts have described as a "momentous step," as parents globally call for greater regulation of tech companies. Other platforms have sought to address the harm social media can do to young peoples' mental health, with Meta's Instagram launching "Teen Accounts" in September. Zach Rausch, an NYU Stern School of Business research scientist and lead researcher on No.1 New York Times bestselling book "The Anxious Generation," said Australia's legislation was a "momentous step" and will make Australia a "global leader in protecting kids online." The Australian law would see social media platforms held entirely responsible for preventing access to children. Children who breach the law and their parents will not face any penalties.

Persons: Anthony Albanese, Meta's Instagram, Bytedance's TikTok, Elon Musk's X, Dany Elachi, Elachi, …, TikTok, Meta's, Zach Rausch Organizations: Australian, Facebook, Up Alliance, CNBC, Big Tech, NYU Stern School of Business, New York Times Locations: Australian

☆ The big challenge for Wall Street CEOs this spring: keeping both of their jobs
▼ + stars: | 2024-04-08 | by ( Meghan Morris | ) www.businessinsider.com time to read: +3 min

Read previewA trio of top Wall Street bosses is facing investor agitation this spring over their jobs. The attempts to add more independent oversight to the firms' boards of directors is a public rebuke to those CEOs. Last week, top proxy firms Glass Lewis and Institutional Shareholder Services recommended Goldman and BofA separate their CEO-chair jobs. AdvertisementA cyclical history of splitting CEO and chairman rolesThese proposals cycle in and out of fashion, and Wall Street has seen plenty of similar ballot questions, from shareholders large and small. Large companies — like the trio of Wall Street firms now — were targeted much more often for shareholder proposals to split the jobs than the small companies.

Persons: —, Goldman Sachs, David Solomon, Larry Fink, Brian Moynihan, Glass Lewis, Goldman, BofA, Moynihan Organizations: Service, Goldman, BlackRock, Bank of America, Business, Institutional, Exxon, Stanford Graduate School of Business, Stanford, Wall Street

☆ Customers have soured on self-checkout, and a new study says there’s proof
▼ + stars: | 2024-01-23 | by ( Nathaniel Meyersohn | ) edition.cnn.com time to read: +3 min

The study comes as some companies remove self-checkout machines and others adjust their self-checkout operations. Regular checkout also makes customers feel that they are receiving the service they are entitled to as customers of that store, the study found. “The saved effort during the checkout process and the customers’ sense of entitlement explain the effect of checkout type on customer loyalty,” the study said. Self-checkout, on the other hand, shifts the work to customers, making them feel less rewarded, the study found. At a handful of stores, Target has restricted self-checkout to customers buying 10 items or fewer.

Persons: ShopRite, “, Costco Organizations: New, New York CNN, Drexel University, of Business Research, Drexel, Walmart, Dollar, Target Locations: New York, United States, Britain, British, New Mexico, Delaware

☆ Обидчивые люди оказались более склонными к проблемам на работе
▼ + stars: | 2021-03-13 | by ( Mld Media Srl | ) noi.md time to read: +2 min

Доктор Джереми Бернерт, адъюнкт-профессор Университета штата Сан-Диего и единственный автор исследования, описывает PTBO как «склонность быть слишком чувствительным к обычно безобидным социальным событиям и традициям». По словам Бернерта, люди с высоким PTBO, скорее всего, «чувствуют, что социальные события или стереотипы, на которые они обижаются, несправедливы и нарушают моральные стандарты». «Человек, "оскорбленный" повседневными событиями, направляет ценные и ограниченные когнитивные ресурсы к вопросам, которые не имеют отношения к работе», — отметил Бернерт. Также сотрудники с высоким уровнем PTBO, по-видимому, менее склонны помогать коллегам и более негативно оценивают действия своего руководства. При этом высокий уровень ПТБО оказывает негативное влияние на самооценку и степень удовлетворенности своей работой .

Persons: Джереми Бернерт, Бернерот, Бернерт Organizations: Science, Business Research, Университет штата СанДиего, ПТБО

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